Fiscal Policy versus Monetary Policy

Answer the following prompt in a single Word document and submit the document by 8:30PM on Friday, November 20. Your answer should be double-spaced and not longer than 3/4 of a page. Don’t try to make your answer as long as possible – just be clear, concise, and legible. Good luck!

 

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Fiscal Policy versus Monetary Policy
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Fiscal Policy versus Monetary Policy

When dealing with a macroeconomic crisis, such as a recession, what are the major advantages and disadvantages of fiscal policy, compared to monetary policy? What are the major advantages and disadvantages of monetary policy, compared to fiscal policy?

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